Gold Resource (US:GORO) Businesswire·2026-01-20 22:46Core Insights - Gold Resource Corporation reported significant improvements in fourth quarter production results, with the Don David Gold Mine contributing 45% of the full-year production for 2025 [1] - The company achieved a year-end balance sheet of $25 million with no debt, indicating a strong financial position [1] - The production profile has shifted towards silver, which now accounts for approximately 80% of revenue, with record sales of 663,503 ounces of silver [1][2] Production and Sales Performance - In Q4 2025, the company produced and sold 1,785 ounces of gold and 663,503 ounces of silver, compared to 960 ounces of gold and 184,804 ounces of silver in Q4 2024 [3] - The average sale price for silver was $55 per ounce and for gold was $4,234 per ounce, reflecting significant increases from previous periods [2][3] - For the full year ending December 31, 2025, the company sold a total of 23,125 gold equivalent ounces [1][3] Operational Efficiency - The company milled 85,888 tonnes in Q4 2025, an increase from 80,367 tonnes in Q3 2024 [4] - The average gold grade improved to 0.96 g/t in Q4 2025, while the average silver grade reached 298 g/t, indicating enhanced ore quality [5] - The operational turnaround is attributed to increased ore production from the new Three Sisters area, which is expected to contribute 40% of production in 2026 [2] Future Outlook - The company anticipates continued leverage to silver prices, with operational plans and new equipment expected to drive further improvements [2] - The focus remains on unlocking the potential of existing infrastructure and land surrounding the Don David Gold Mine in Oaxaca, Mexico, as well as developing the Back Forty Project in Michigan, USA [7]